Standard conservation easement used in the PBC Program (last
revised 5/21/08): pdf
(Sample only - DO NOT USE! Applicants will receive an actual
easement from the Commission at the appropriate point in
their Credit application.)

The Clearinghouse tracks Credit "conveyances", which include
actual sales, conveyances or transfers with no dollar value,
exchanges and replacements of Certificates, and all
transactions where one Certificate is "retired" and a new
numbered Certificate(s) is issued.

The "Credit certificates conveyed" reports (immediately
above) show the "per Credit price" for each conveyance.

To see the change in Credit
sale prices through time, including all recent sales, select
the "Credit Certificates
Conveyed Listed by Conveyance Date" report and examine
the changes in the "Per PBC" price column for each
Town. The most recent sales prices are shown at the
end of each Town's portion of the report.

For an overview, see Pine Barrens Credit Sales Summary Chart
from 1996 through 2013: pdf.

Standard conservation easement used in the PBC Program (last
revised 5/21/08): pdf
(Sample only - DO NOT USE! Applicants will receive an actual
easement from the Commission at the appropriate point in
their Credit application.)

Note that easements are sometimes customized to a specific
parcel. The sample "standard" easement is provided here for
illustration only.

Commission interpretations of Credit Program easements as of
3/23/06: decisions

One of the Clearinghouse's responsibilities is the management
and utilization of the funds for purchasing Credits.

The initial source of these funds was an $5 million interest
free loan from 1995 to 2005 from the NYS Dept. of
Environmental Conservation's Natural Resource Damages Program
(see link below under "Other Agencies"). The
Clearinghouse now maintains a permanent standing fund for the
program.

These funds are invested with the Suffolk County Treasurer's
Office.

Commission 10/25/95 resolution on the investment of funds
with the Suffolk County Treasurer and adoption of investment
guidelines: minutes.

The Pine Barrens Credit Program is based partly upon the
Suffolk County Department of Health Services (SCDHS) Sanitary
Code, particularly Article 6 and its implementing standards. See
the links in the following section for further information about
the SCDHS.

The Pine Barrens Credit Program is based partly upon the
Suffolk County Department of Health Services (SCDHS) Sanitary
Code, particularly Article 6 and its implementing standards. See
these links for further information about the SCDHS and its
work:

2005: Protection of 300 acres in dwarf pine barrens
includes Pine Barrens Credits as one component, and
achievement of 1,000 acre mark overall.

See Governor's
4/22/05
Earth
Day
Press Release re the 309 acre WJF Realty parcel
acquisition in the Southampton Town Westhampton core area, 100
acres of which have a permanent PBC conservation easement on
them held by the Commission.

These 100 acres have since been selected to host the Dwarf
Pine Plains Interpretive Trail through the Protected Lands
Council, and the Commission has reviewed and approved the
trail route to be in conformance with the easement.

2003: Credit Purchase Offer by a private party for
Southampton Town's Westhampton Beach and Remsenburg School
District Properties

A mailing dated January 22, 2003 was made to private
landowners in these two school districts for the purchase of
up to 40 Pine Barrens Credits at $30,000 per Credit. The
mailing consisted of a cover letter and a transmittal form for
responding. Recipients had until February 28, 2003 to
respond.

2001: Offer by Clearinghouse to purchase Brookhaven Pine
Barrens Credits. This was a two phase initiative:

Phase 1: Current holders of Credits (i.e., those with actual
Credit Certificates) and Letter of Interpretation (LOI)
holders. Phase 1 ended on 7/30/01. There were two forms
involved in the Phase 1 offer:

1998: In May, the Regional Plan Association (New York,
NY) and the Lincoln Institute of Land Policy (Cambridge, MA)
jointly sponsored a conference entitled "Transfer of
Development Rights for Balanced Development".